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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsChina makes few concessions in trade truce with US
https://www.ft.com/content/6a30ed00-ecd1-11e9-ad1e-4367d8281195
Beijing believes time is on its side as Trump seeks economic boost before 2020 election
Tom Mitchell in Beijing 5 HOURS AGO
After five months of constant escalations in their long-running trade war with the US, Chinese officials on Friday finally secured a respite.
In return for a series of modest concessions, most of which had been offered by President Xi Jinpings administration in previous negotiating rounds, Donald Trump agreed to suspend another set of tariff increases originally scheduled to take effect on October 15.
The truce sets the stage for a series of much higher-stakes negotiations after Mr Xi and Mr Trumps expected encounter on the sidelines of the Asia Pacific Economic Conference, scheduled for November 16-17 in Santiago, Chile, where Fridays agreement will be finalised.
The two sides are still a long way from a final settlement that addresses much more contentious issues, such as Chinese government support for strategic industries and state-owned enterprises, which Mr Trump had hoped to reach before his 2020 re-election campaign kicks off in earnest.
Chinese negotiators, however, believe that time is on their side and they can continue to stonewall Mr Trump and his lead negotiator, US Trade Representative Robert Lighthizer, on any systemic reforms that they fear would weaken the Chinese Communist partys grip over the worlds second-largest economy.
In private, Chinese officials say they are lucky Mr Trump waited a year before launching his trade assault in the spring of 2018, giving his negotiators only about 18 months to confront China before domestic political pressures would begin to hem them in.
</snip>
Beijing believes time is on its side as Trump seeks economic boost before 2020 election
Tom Mitchell in Beijing 5 HOURS AGO
After five months of constant escalations in their long-running trade war with the US, Chinese officials on Friday finally secured a respite.
In return for a series of modest concessions, most of which had been offered by President Xi Jinpings administration in previous negotiating rounds, Donald Trump agreed to suspend another set of tariff increases originally scheduled to take effect on October 15.
The truce sets the stage for a series of much higher-stakes negotiations after Mr Xi and Mr Trumps expected encounter on the sidelines of the Asia Pacific Economic Conference, scheduled for November 16-17 in Santiago, Chile, where Fridays agreement will be finalised.
The two sides are still a long way from a final settlement that addresses much more contentious issues, such as Chinese government support for strategic industries and state-owned enterprises, which Mr Trump had hoped to reach before his 2020 re-election campaign kicks off in earnest.
Chinese negotiators, however, believe that time is on their side and they can continue to stonewall Mr Trump and his lead negotiator, US Trade Representative Robert Lighthizer, on any systemic reforms that they fear would weaken the Chinese Communist partys grip over the worlds second-largest economy.
In private, Chinese officials say they are lucky Mr Trump waited a year before launching his trade assault in the spring of 2018, giving his negotiators only about 18 months to confront China before domestic political pressures would begin to hem them in.
</snip>
More smoke (from fires he set himself) and mirrors from Trump.
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China makes few concessions in trade truce with US (Original Post)
Dennis Donovan
Oct 2019
OP
China will steal Trump's lunch money, pants him and stuff him in his locker.
The Velveteen Ocelot
Oct 2019
#3
Wounded Bear
(58,670 posts)1. China's best strategy is to let Trump twist in the wind...
they can wait it out and hope we elect a sane president who will try to cut a real deal.
dalton99a
(81,516 posts)2. They know he is a desperate loser
The Velveteen Ocelot
(115,735 posts)3. China will steal Trump's lunch money, pants him and stuff him in his locker.
They know he's desperate for something that looks like a win, so they'll snooker him like the seedy used car dealer who makes you think you got a great bargain on a ten-year-old Dodge Dart when he agrees to throw in a set of floor mats.